PRC medical instruments company in H-share placement

    June 01, 2011 | BY

    clpstaff &clp articles

    PRC medical products supplier Shandong Weigao Medical Polymer Company has raised HK$1.8 billion (US$227 million) in connection with its placement of new…

    PRC medical products supplier Shandong Weigao Medical Polymer Company has raised HK$1.8 billion (US$227 million) in connection with its placement of new H-shares. The proceeds will be used to build a new production plant.

    The joint global coordinators, joint bookrunners and joint placing agents were China International Capital Corporation and Morgan Stanley.

    Acting for the Hong Kong-listed issuer was a Troutman Sanders Hong Kong team led by Shirley Lau and Joe Sevack.

    The underwriters were advised by Slaughter and May on Hong Kong Law and Davis Polk & Wardwell on US law.

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